Rambus Transfers Display Patents to Acacia Research Subsidiary

Thu Mar 7, 2013 6:00am EST

* Reuters is not responsible for the content in this press release.


SUNNYVALE, Calif. & NEWPORT BEACH, Calif.--(Business Wire)--
Rambus Inc. (NASDAQ:RMBS), the innovative technology solutions company,
announced today it has transferred a portfolio of patent assets covering display
technologies to a subsidiary of Acacia Research Corporation (NASDAQ:ACTG), the
leader in patent licensing. As part of this transaction, Rambus received an
initial upfront payment and is expected to receive subsequent payments. Specific
terms of the transaction are confidential. 

"We are pleased to be working with Acacia as our licensing partner for these
patents because of their experience and success in monetizing IP. This
transaction enables us to deliver value to our shareholders while we focus our
resources and investments in other areas to bring invention to market," said Dr.
Ronald Black, president and chief executive officer at Rambus. 

"Acacia is delighted to be partnering with a technology innovation leader like
Rambus," commented Paul Ryan, chief executive officer at Acacia. "The addition
of these assets to our portfolio allows us to grow our base of future revenues."

The set of patents involved in this transaction relate to certain display
technologies used in smartphones, tablets, computers, HDTVs and other devices.
Rambus has retained a license to use these patents and will continue to build
and refine its patent portfolio across its various focus areas, utilizing a
variety of ways to monetize its intellectual property. 

About Rambus Inc.

Rambus is the innovative technology solutions company that brings invention to
market. Unleashing the intellectual power of our world-class engineers and
scientists in a collaborative and synergistic way, Rambus invents, licenses and
develops solutions that challenge and enable our customers to create the future.
While best known for creating unsurpassed semiconductor memory architectures,
Rambus is also developing world-changing products and services in security,
advanced LED lighting and displays, and immersive mobile media. Additional
information is available at www.rambus.com. 

About Acacia Research Corporation

Acacia Research Corporation`s subsidiaries partner with inventors and patent
owners, license the patents to corporate users, and share the revenue. Acacia
Research Corporation`s subsidiaries control over 250 patent portfolios, covering
technologies used in a wide variety of industries. Information about Acacia
Research Corporation and its subsidiaries is available at
www.acaciaresearchgroup.com and www.acaciaresearch.com. 

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This news release contains forward-looking statements within the meaning of the
"safe harbor" provisions of the Private Securities Litigation Reform Act of
1995. These statements include those of Paul Ryan relating to our licensing
success, the expectation to receive subsequent payments, and the growth of our
base of future revenues are based upon our current expectations and speak only
as of the date hereof. Our ability to become the licensing partner for
companies, and our ability to grow our base of future revenues by adding new
patent portfolios may differ materially and adversely from that expressed in any
forward-looking statements as a result of various factors and uncertainties,
including the economic slowdown affecting technology companies, the ability to
successfully develop licensing programs and attract new business, rapid
technological change in relevantmarkets, changes in demand for current and
future intellectual property rights, legislative, regulatory and competitive
developments addressing licensing and enforcement of patents and/or intellectual
property in general, and general economic conditions. Our Annual Report on Form
10-K, recent and forthcoming Quarterly Reports on Form 10-Q, recent Current
Reports on Forms 8-K and 8-K/A, and other SEC filings discuss some of the
important risk factors that may affect our business, results of operations and
financial condition. We undertake no obligation to revise or update publicly any
forward-looking statements for any reason.


Schwartz MSL for Rambus
Dan O`Mahony
Darah Roslyn
Acacia Research Corporation
Rob Stewart
Investor Relations
Tel: 949-480-8300
Fax: 949-480-8301
SpecOps Communications
Adam Handelsman
President & Founder

Copyright Business Wire 2013

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